First line grabs attention. PEOPLE/USDT is inching into a textbook falling-wedge formation—a setup traders know often leads to sharp reversals. The chart shows price narrowing beneath that descending trendline, hinting buyers may be stepping in.
It’s a tense moment: if price breaks above that upper wedge line with volume, expect a fast move upward.
Look elsewhere—volume remains modest, and the overall technical rating stays neutral, with weekly signals leaning toward sell territory.
Still, that wedge formation is hard to ignore.
Final thought: keep your finger close to the pulse. A clean breakout on PEOPLE could ignite a rally—or turn into a frustrating fake-out.